Ms Intl. Share Price (MSI)

More MSi data:-

5 day +12%

30 +14%

90 +2%

Ytd +5%

52 +80%

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DJ +154 (38,240)

SP +52 (5100)

NS +288 (17,718)

R2 +10 (1284)

WTI $84

10ytb 4•669%

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MSCI(W) +28 (3335)

Gold Bugs +2 (269)

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Close :- Vix 15. Brent $88.

Gold $2337. Copper $4•587.

Palm $1027. Silver $27•225.

Yen 158. Yuan 7•25.

$1•249. €1•168.

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Nyse data

Issues 2887

Advances 1859

Declines 941

U/c 87

NH 81

NL 22

T/vol(bn) 3•6

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Morning all

Volumes and deals surged yesterday and on the week with over 127,000 shares exchanged . Investors drew comfort from the Govts commitment to increase defence spending to at least 2•5% of gdp. Whether MSi will be a beneficiary of the millions being splashed out is not known. Suffice to say we should be on the list.

Wk 17

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Sp 900-910

L/yr 500

H 935

L 443

7/88 113

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Trds 114

Vols 127,000

Buys 75,000

Sells 52,000

Buy % 60

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Av trd 1105

Av £ 1140

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Ytd

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MSi +5%

100 +5%

250 +1%

All +4%

Aim -1%

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Morning all.

Issues 2889

Advances 839

Declines 1975

U/c 75

NH 44

NL 48

T/vol(bn) 4•0

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DJ -375 (38,086)

SP -23 (5048)

NS -96 (17,430)

R2 -11 (1274)

WTI $83

10ytb 4•697%

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Latest :- Vix 15. Brent $88.

Gold $2335. Copper $4•576.

Palm $952. Silver $27•435.

$1•250. €1•166.

FF +60. DF +85.

The Dow slumped over 700 at one time before wiser heads prevailed. The mrkt ended over 1% down at 38,086 by the close. Dow futures are called 50 better and the 500 to close the week in positive territory.

Signs of persistent inflation are dampening hopes of a rate cut in the first half as US Q1 GDP came in at 1•6% much lower than forecast as inflation gathered pace to 3•4%. Growth stocks came under pressure following Meta's 2 day fall of $61(13%). Alphabet and Msoft will report after the mrkt closes on Thursday.

IBM ($168) came off 9% after it announced it would buy HashCorp in a deal worth $6bn to expand its cloud based software business. The company also missed consensus estimates for Q1 revenues. Southwest Airlines ($27) slid 8% after it slashed estimates for new deliveries from Boeing.

Boeing is having production problems, a credit rating downgrade from Moodys, multiple legal actions resulting from the Alaska Air accident and in the midst of buying its key supplier SpiritAeroSystems.

On a brighter note Newmont ($43) the world's largest gold miner gained 10% beating Wall's estimates for Q1 profits. The company also disclosed plans to divest non core assets and trim its workforce to reduce debt after the acquisition of Newcrest in November.

Morning all.

Mrkt talk yesterday was all about is the US Nsdq exchange about to acquire London's Aim mrkt. Likely at this stage its just wishful thinking by bored traders but here's a thought.

In 2000 UK listed equities made up 11% of the MSI World Index which tracks 1500 companies. That is down to 4pc now. Citi research shows MSCI UK Index which tracks 80 of the bigest UK listed firms trades at a near 40% discount to the 625 strong US Index.

Valuations of British companies are egregiously low according to Nick Train a leading fund manager who has a 4% stake in the LSE saying one way to wake up investors was if a giant UK blue chip launched a takeover of Aim.

Taking Aim away from the LSE opens up a myriad of possibilities as NSDQ European operations have been growing fast. Adding AIM despite its problems would put rocket boosters under its network which includes seven exchanges inc those of Sweden, Denmark, Iceland and Finland.

The timing could be fortuitous as in 2007 there were 1700 companies listed on Aim now down to 738 with just 1 company joining this year so far.